British multinational oil and gas company, bp plc, has agreed to acquire Bunge Ltd.’s 50% interest in their joint venture, bp Bunge Bioenergia S.A., for an enterprise value of approximately $1.4 billion. This acquisition will position bp as the sole owner of one of Brazil’s leading biofuels-producing companies, significantly enhancing its industrial-scale sugarcane and ethanol […]
In a significant move towards achieving net carbon neutrality in aviation by 2050, Airbus and TotalEnergies have announced a strategic partnership aimed at decarbonizing the aviation sector through the development and supply of Sustainable Aviation Fuels (SAF). This collaboration underscores the critical role SAF plays in reducing CO2 emissions in aviation, with TotalEnergies’ SAF capable […]
